Is Pine Lawn, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pine Lawn was a Buyer's Market.
Key Takeaway
Pine Lawn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Lawn, MO
How much do homes in Pine Lawn, MO cost?
Median Sold Price
$46,500
$33/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pine Lawn have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Pine Lawn was $46,500 in April 2024, up 6.9% from last year, and the median price per square foot was $33.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $24.5K | $41.5K | +69.4% |
| 3 Bedrooms | $49.5K | $55K | +11.1% |
| 4 Bedrooms | $351K | $70K | -80.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pine Lawn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 80.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pine Lawn | $43.5K | $46.5K | +6.9% |
| Northwoods | $85K | $70.1K | -17.5% |
Housing Supply in Pine Lawn, MO
How many homes are available in Pine Lawn, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Summary: The Pine Lawn real estate market had 13 homes for sale in April 2024, a 44.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pine Lawn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Lawn, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Pine Lawn in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Pine Lawn, MO
How long does it take to sell a home in Pine Lawn, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 5 Days | -79.5% |
Summary: Homes in Pine Lawn had an average of 5 days on market in Apr 2024, down by 79.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Lawn are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Pine Lawn; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.